Samsung Worker Strike Accidentally Boosts Micron's Market Cap Above $900 Billion, Driving MU's Daily Trading Volume on Hyperliquid to $140 Million

BlockBeats News, May 14th, according to Hyperinsight monitoring, Samsung's over 50,000 workers are threatening to strike from May 21st for 18 days, and the news quickly spread. The market expects that this strike may impact about 3% of global memory chip production capacity, directly benefiting competitor Micron Technology (MU), which closed up 4.8%, with a market capitalization exceeding $900 billion for the first time.

The strong news drove on-chain trading activity to heat up simultaneously. The MU contract on the Hyperliquid platform saw today's trading volume surge to $140 million, with open interest climbing to $152 million, ranking in the top ten in terms of platform trading volume and having the largest contract volume among U.S. stock derivatives apart from the three major indices.

The largest MU long whale on-chain went long 22,188 MU contracts with 3x leverage, with a position worth approximately $17.7 million. After two weeks of opening the position, today's unrealized gains have reached $4.9 million (+62%).

Address: 0x577ae91c7b74f04ddb3a5b399ded8318e9895fd2